850421 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Liquid dielectric transformers < 650 KVA. In 2022, Liquid dielectric transformers < 650 KVA were the world's 1396th most traded product, with a total trade of $2.22B. Between 2021 and 2022 the exports of Liquid dielectric transformers < 650 KVA grew by 34.2%, from $1.66B to $2.22B. Trade in Liquid dielectric transformers < 650 KVA represent 0.0094% of total world trade.

Liquid dielectric transformers < 650 KVA are a part of Electrical Transformers.

Exports In 2022 the top exporters of Liquid dielectric transformers < 650 KVA  were Mexico ($419M), Turkey ($247M), China ($192M), Poland ($158M), and India ($150M).

Imports In 2022 the top importers of Liquid dielectric transformers < 650 KVA were United States ($592M), Germany ($112M), France ($104M), United Kingdom ($94.9M), and Netherlands ($66.1M).

Ranking Liquid dielectric transformers < 650 KVA ranks 3404th in the Product Complexity Index (PCI).

Description Liquid dielectric transformers are often used to power the armature windings of induction motors.

Latest Data

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The following visualization shows the latest trends on Liquid dielectric transformers < 650 KVA. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Mexico$419M
Top Destination (2022)United States$592M

In 2022 Liquid dielectric transformers < 650 KVA were the world's 1396th most traded product (out of 4,648).

In 2022, the top exporters of Liquid dielectric transformers < 650 KVA were Mexico ($419M), Turkey ($247M), China ($192M), Poland ($158M), and India ($150M).

In 2022, the top importers of Liquid dielectric transformers < 650 KVA were United States ($592M), Germany ($112M), France ($104M), United Kingdom ($94.9M), and Netherlands ($66.1M).

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Exporters of Liquid dielectric transformers < 650 KVA (2022)
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Importers of Liquid dielectric transformers < 650 KVA (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$160M
Top Destination Growth (2021 -  2022)United States$221M

Between 2021 and 2022, the exports of Liquid dielectric transformers < 650 KVA grew the fastest in Mexico ($160M), Turkey ($126M), Poland ($74.7M), India ($57.1M), and China ($49.4M).

Between 2021 and 2022, the fastest growing importers of Liquid dielectric transformers < 650 KVA were United States ($221M), Burma ($37.9M), Germany ($36.6M), Italy ($34.6M), and United Kingdom ($27.8M).

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Exporters of Liquid dielectric transformers < 650 KVA (2021 - 2022)

Importers of Liquid dielectric transformers < 650 KVA (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Liquid dielectric transformers < 650 KVA.

In 2022, market concentration measured using Shannon Entropy, was 4.52. This means that most of the exports of Liquid dielectric transformers < 650 KVA are explained by 22 countries.

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Value of Exports in Liquid dielectric transformers < 650 KVA

Net Trade

TOP NET EXPORTER (2022)Mexico$403M
TOP NET IMPORTER (2022)United States$519M

This map shows which countries export or import more of Liquid dielectric transformers < 650 KVA. Each country is colored based on the difference in exports and imports of Liquid dielectric transformers < 650 KVA during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Liquid dielectric transformers < 650 KVA were Mexico ($403M), Turkey ($244M), China ($183M), India ($145M), and Poland ($145M).

In 2022, the countries that had a largest trade value in imports than in exports of Liquid dielectric transformers < 650 KVA were United States ($519M), France ($91.2M), United Kingdom ($90.6M), Germany ($73.2M), and Iraq ($59M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Liquid dielectric transformers < 650 KVA.
It is possible to select the main countries that export or import Liquid dielectric transformers < 650 KVA in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Liquid dielectric transformers < 650 KVA by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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